PAP is struggling and they know the ground is against them.

[k1976]

GIC CIO to Retire With Deputy Assuming Role at Sovereign Fund​

• Jeffrey Jaensubhakij will step down after almost three decades
• Deputy Bryan Yeo to take over the position starting April 1

Jeffrey JaensubhakijPhotographer: Stefan Wermuth/Bloomberg
By David Ramli
4 February 2025 at 3:54 PM SGT
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GIC Pte’s Group Chief Investment Officer Jeffrey Jaensubhakij will hand over the reins to deputy Byran Yeo, as part of the firm’s biggest leadership change in eight years.

Jaensubhakij is retiring on April 1 after almost three decades at the Singaporean sovereign wealth fund, amid broader changes. His move was reported by Bloomberg News in January.

 

[k1976]

We are projecting 2025 GDP growth slowing to 2.6 per cent from the 4 per cent flash estimate in 2024 – our forecast lies at the upper end of MTI’s 1 per cent – 3 per cent range,” he said.

TARIFFS ON CHINA TO HAVE BIGGER IMPACT​

China, one of Singapore’s largest trading partners, is expected to feel the brunt of US tariffs, which will in turn affect Singapore.
North American trade is largely contained within the US, Canada and Mexico, said Mr Mohi-uddin, whereas a drop in China's exports to the US could reduce Chinese demand for goods and services from the rest of Asia.
Ms Yue said Singapore’s trade volume with China is 20 times larger than its combined trade volume with Canada and Mexico.
As Singapore’s other trade partners also have strong ties with China, the ripple effects could be significant.
“The US is also likely to scrutinise Singapore’s relationship with China, especially following news of Nvidia chips being procured illegally by DeepSeek in Singapore,” she added.

Related:​

Asian stocks dive as Trump tariffs trigger trade war fears​

How things stand in China-US trade tensions with Trump 2.0​

WHAT IF THE TRADE WAR WIDENS?​

While President Trump has “fired the starting gun” on a broader trade war, Mr Mohi-uddin suggested that the US may still negotiate fresh agreements with its trading partners, potentially avoiding a prolonged conflict.
However, Ms Yue believes a trade war has already begun, as Canada and Mexico have announced retaliatory tariffs on US goods.
“If tariffs are widened, the key impact on Singapore will be a hit to exports,” she said, adding that investment decisions and economic growth would also be affected.
Mr Farris of Eastspring Investments said that if the US imposes tariffs on Southeast Asian countries where Chinese companies have relocated operations, Singapore could feel the impact as it services these exports.
“This certainly feels like the beginning of a new period of trade tension,” he said. “If it escalates and sustains it will depress global trade which will clearly hurt Singapore.”
Source: CNA/an

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[k1976]

95% got conned by taking a death shot and none of these 95% want a justice for themselves and their loved ones already proved the election results

I will say forced to take the shots

Because we need to work

Pls remember this fact

 

[shock888]

PAP is too entrenched in SG because of pathetic Coolie Gene Sinkies always voting PAP…just look around…

 

[Truthspeak]

I will say forced to take the shots

Because we need to work

Pls remember this fact

So you think those who didn’t take doesn’t need to work?

 

[k1976]

So you think those who didn’t take doesn’t need to work?

U all dun your own business or lucky enough to work in Jiuhu lah

I have a contractor friend also no need to take as he run his own renovation projects

 

[k1976]

So you think those who didn’t take doesn’t need to work?

so what is your objective, again to sow discord or humiliate others who are more unlucky than u, luck bastard

 

[k1976]

So you think those who didn’t take doesn’t need to work?

U are always want to invite cursing from others

 

[Truthspeak]

so what is your objective, again to sow discord or humiliate others who are more unlucky than u, luck bastard

You are just a clown

 

[True Believer]

 

[oliverlee]

all sinkies think about is huat ah! let them continue to huat with the vaccines. The audacity to even run ads promoting them on tv while the rest of the world are trying to hang the cheebais who had rolled them out.

 

[tobelightlight]

I will say forced to take the shots

Because we need to work

Pls remember this fact

You resigned and stand up for yourself. If you cave in, u failed the test. Look at Iris koh.